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Showing 371 - 380 of 675 results for "Legacy"

Frydenberg makes big promises for small business

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... the Government will provide $36.1 million to compensate consumers and small businesses affected by misconduct who have legacy unpaid external dispute resolution determinations.

Budget: RC response to cost over $600m

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... commit $30.7 million to compensate consumers and business who remain unpaid over dispute resolution determinations made by legacy mechanisms such as the Financial Ombudsman Service. The Financial Services Reform Implementation Taskforce set up within ...

Financial Standard names editor

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... magazine is a milestone moment for the business and I look forward to working with the Money team to ensure we continue on the legacy they have nurtured since the magazine was founded in 1999," Baltazar said. "Money has a loyal readership base and we ...

New life insurer is RC good news story

HARRISON WORLEY  |  THURSDAY, 7 MAR 2019
... well positioned to take advantage of the scrutiny placed on existing life insurers, by building a new entrant without the "legacy issues" many of its competitors face. "I think that in becoming the first new life insurer in some considerable time to ...

ClearView posts first half profit dip

KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
... and reinsurance costs," it said in a statement. Wealth management ClearView recorded outflows of $81 million mainly from legacy products with retirees drawing down on investments. Total funds under management was down 4% on the back of poor performance ...

Centrepoint emerges from the red

KARREN VERGARA  |  MONDAY, 25 FEB 2019
... 20% to $14.4 million, mainly driven by lower client claims that decreased from $3.8 million to $118,000 year on year. Its legacy claims provision of $1.8 million remained stable during the period. Chair Alan Fisher attributed the turnaround to the new ...

AFCA hears legacy complaints

KANIKA SOOD  |  THURSDAY, 21 FEB 2019
The Australian Financial Complaints Authority will start taking legacy complaints starting July 1 for a limited amount of time. The Federal Government recently extended AFCA's remit after the Financial Services Royal Commission. This means the one-stop ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... benefits to clients is fine when it comes to modern products but there are some significant implications when dealing with legacy products, including sometimes quite substantial system costs." Finally, Trapnell said the final report gives advisers certainty ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... benefits to clients is fine when it comes to modern products but there are some significant implications when dealing with legacy products, including sometimes quite substantial system costs." There is a lot of work involved in moving clients to new ...

Mercer appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 23 JAN 2019
... Mercer's operating income nearly doubling and assets under delegated management increasing fivefold," Glaser said. "Julio's legacy with Mercer is one of focused execution, impressive financial performance, and colleague development." Likewise, he described ...